Judges Scientific (LON:JDG) Receives Buy Rating from Berenberg Bank

Berenberg Bank reissued their buy rating on shares of Judges Scientific (LON:JDG) in a research report sent to investors on Tuesday,London Stock Exchange reports. They currently have a GBX 5,600 price target on the stock.

Separately, Shore Capital Group restated a “house stock” rating on shares of Judges Scientific in a research note on Thursday, January 22nd. Two equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the company currently has an average rating of “Buy” and an average target price of GBX 6,490.

Judges Scientific Stock Performance

Shares of Judges Scientific stock opened at GBX 4,200 on Tuesday. The company has a market capitalization of £279.72 million, a P/E ratio of 25.77, a price-to-earnings-growth ratio of 0.56 and a beta of 0.66. The stock has a fifty day simple moving average of GBX 4,609.25 and a 200 day simple moving average of GBX 5,329.72. Judges Scientific has a 12-month low of GBX 3,480 and a 12-month high of GBX 9,120. The company has a current ratio of 2.48, a quick ratio of 0.65 and a debt-to-equity ratio of 74.92.

About Judges Scientific

Judges Scientific plc (AIM: JDG), is a group focused on acquiring and developing companies in the scientific instrument sector. The Group now consists of 23 businesses acquired since 2005.

The acquired companies are primarily UK-based with products sold worldwide to a diverse range of markets including: higher education institutions, scientific research facilities, manufacturers and regulatory authorities. The UK is a recognised centre of excellence for scientific instruments. The Group has received five Queen’s Awards for innovation and export.

The Group’s companies predominantly operate in global niche markets, with long term growth fundamentals and resilient margins.

Judges Scientific maintains a policy of selectively acquiring businesses that generate sustainable profits and cash.